Monster Beverage Is Splitting Its Stock 2-for-1 on Aug. 11. Here's What a $1,000 Investment Could Be Worth in 5 Years.
Monster Beverage keeps splitting its stock because the share price keeps going up.
Overview
Who doesn't love a stock split? Energy drink powerhouse Monster Beverage (NASDAQ: MNST) recently announced a 2-for-1 stock split, the company's sixth since 2005. Shareholders as of July 24 after the market's close will receive a 100% stock dividend after the market closes on Aug. 10. The stock will begin trading at its split-adjusted price on Aug. 11.
Although stock splits don't affect a company's financials, investors love them because they typically occur when things have gone well. Indeed, Monster Beverage has been, well, a monster. The stock is up over 24,000% since 2005.
Details
The real question, though, is what will the stock do in the future? Here's what a $1,000 investment might look like in five years.
Source
Originally published at www.fool.com.